IPTA 61 — Noting of closing and opening of branches

Indian Partnership Act, 1932

Statutory text

When a registered firm discontinues business at any place or begins to carry or business at any place, such place not being its principal place of business, any partner or agent of the firm may send intimation thereof to the Registrar, who shall make a note of such intimation in the entry relating to the firm in the Register of Firms, and shall file the intimation along with the statement relating to the firm filed under section 59. STATE AMENDMENT Maharashtra Amendment of section 61 of Act IX of 1932.—In section 61 of the principal Act, for the words “may send intimation thereof to the Registrar, who shall” the following shall be substituted, namely :— “shall sent intimation thereof to the Registrar, within a period of 90 days from the date of such discontinuance or, as the case may be, from the date on which the firm begins to carry on business at such place. The Registrar shall then”. [Vide Maharashtra Act 29 of 1984, s.10]

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